At Solution Mortgages ltd we can help where others can’t in so many areas. The area we are focusing on here is the Non Standard Construction issue. So many people are being turned away due to their construction type, many of whom have plenty of equity and are getting frustrated by everyone telling them no. We have a number of…
Is the recovery coming?
Is the recovery coming? This is a question my clients continuously ask me. They seem to be getting more anxious and frustrated every day. Especially the clients who have loads of equity but may not meet the strict affordability requirements. They may also have bad credit which lenders are simply not interested in at the moment. I watched a programme…
Seven reasons why a secured loan might be a better option
Your current mortgage has a high penalty if you re-mortgage. If you are tied in for long periods and the penalty for coming out is 5% of the mortgage balance why not do a secured loan for now and re-mortgage to combine the two once the penalty period has expired. You must consider a further advance as this may be…
Secured Loans with bad credit
Getting finance is proving one of the hardest things to do at the moment. We are now 5 years in to the credit drought which has spiralled the global economy out of control. Mortgages and re-mortgages remain difficult to obtain even with a good credit history. There is a solution! The secured loan market is recovering at a better rate…
Flexible criteria for Buy to Let
If you are having trouble trying to re-finance your BTL portfolio or simply looking to purchase a second property then look no further. We at Solution Mortgages have an extensive range of products which can help in most circumstances. Please see the list below;- Employed or self employed acceptable Gross rental income 120% of the pay rate Min loan £25,001…
Gaining a mortgage with a poor credit rating
Are you finding it difficult gaining a remortgage with a poor credit rating? We at Solution Mortgages have over 15 years experience in this field. We appreciate how frustrating the financial markets have become. Let us help you overcome the doom and gloom. We have a number of lenders which can help in a number of ways and for any…
A step in the right direction "Banks to reorganise thier retail divisions"
This has been a hot topic ever since the credit crunch began in 2007. I have to say that I welcome the news to split the banks retail divisions from their investment divisions. The more we found out about the dodgy dealings that went on the more shocked I became. For example:- The way in which bankers got there bonuses!…
Getting a secured loan couldn't be simpler!
With the mortgage market still stuttering homeowners are getting frustrated at being unable to unlock their equity. Lending criteria remains tight, especially if you have some adverse points on your credit file. Secured loans is a side of the finance industry that is growing stronger by the day. Some of the key features are as follows:- Loan amounts from £3,000…
Bank base rate held at 0.5%
For the 30th consecutive move the Bank of England base rate has been held at 0.5%. The minutes of the August MPC meeting has revealed that it was a unanimous vote for the past two months. This is likely to continue well in to 2012 as the UK economy remains fragile. If you need some infromation on secured loans, Remortgages…
Getting help gaining a re-mortgage with a poor credit rating
Here at Solution Mortgages Ltd we have an axtenive range of products to help clients who have a poor credit rating. We can help in a number of circumstances;- Self employed 1 years accounts most recent years figures generally used Inland revenue SA302 acceptable Remortgages Capital raising for a broad range of purposes Debt consolidation Free valuations and free legals…